Gov. Moore is aiming to produce $50 million in savings for the state in the current fiscal year. And that's on top of his plan for $2 billion in cuts.
Maryland Gov. Wes Moore has included higher income tax rates for taxpayers who make more than $500,000 in his budget plan, as well as about $2 billion in budget cuts to address a $3 billion deficit.
The battle to solve Maryland’s $3 billion budget deficit has prompted a debate between the state’s two most recent leaders, who are pointing fingers and blaming each other for the fiscal crisis. On Wednesday,
Maryland Gov. Wes Moore is about to face his most formidable challenge yet, one that has deep implications for the rest of his term and beyond.
More than 60% of Marylanders surveyed approve of the job Gov. Wes Moore is doing in office, while they are strongly against raising taxes to improve the state's deficit, according to the latest Gonzales poll.
At the start of his administration, Moore issued a goal to rebuild the state government workforce, which shriveled under former Gov. Larry Hogan, a Republican.
Gov. Wes Moore said Wednesday he will propose $2 billion in cuts next week when he releases his plan for Maryland’s next state budget and that he continues to have a “very high bar” for tax increases.
Gov. Wes Moore (D-MD) joined CNN's Jake Tapper on Tuesday and discussed how he plans to work alongside President-elect Donald Trump. JAKE TAPPER: So president-elect Trump has been vocal with his criticism of the governor of California.
Maryland’s wealthiest earners would pay more in state taxes, while corporations and other workers would get a tax cut under a budget plan Gov. Wes Moore will introduce Wednesday — marking the first time the Democrat has thrown his political weight behind policies that could directly impact most Marylanders’ pocketbooks.
Without selling the tax increases that the governor unveiled in his $67 billion budget proposal on Wednesday, Moore faces making even deeper cuts to balance the state’s finances.
ANNAPOLIS, Md. (7News) — Maryland Governor Wes Moore released details of his $67.3 billion budget on Wednesday. It relies on $2 billion in cuts to state Government as well as nearly $1 billion in tax increases to close a nearly $3 billion budget deficit.